Fill Up TONIGHT!!!
Posting Guru
Joined: Jun 1999
Posts: 2,007
Likes: 0
From: Oregon
I saw the mayor of NO on the news, yesterday before the storm. He mentioned something about how New Orleans refines 24% of the nations fuel and it the town took a big hit, it could drive gas prices up 35 to 45 cents. Might be where the rumor came from.
I'm not sure where I heard this - it might not be true, but I thought I'd pass it on, so everyone could post on other forums and email evryone they know: Congress is thinking about passing legislation that would give the oil companies tax breaks that would monetarily equal $3/gal, if the oil companies lowered prices, voluntarily, to below $1.50/gal by the middle of September.
Bush wants to veto. He's a family man and oil is the family business. Just so happens, he's also president of the country that's the largest oil consumer in the world. He's on a first name basis with the folks that set oil prices and it won't be long before he'll be out looking for a job. Presidential term can last eight years, family is for life.
Again, not sure where I heard that...
I'm not sure where I heard this - it might not be true, but I thought I'd pass it on, so everyone could post on other forums and email evryone they know: Congress is thinking about passing legislation that would give the oil companies tax breaks that would monetarily equal $3/gal, if the oil companies lowered prices, voluntarily, to below $1.50/gal by the middle of September.
Bush wants to veto. He's a family man and oil is the family business. Just so happens, he's also president of the country that's the largest oil consumer in the world. He's on a first name basis with the folks that set oil prices and it won't be long before he'll be out looking for a job. Presidential term can last eight years, family is for life.
Again, not sure where I heard that...
Senior User
Joined: May 2003
Posts: 455
Likes: 0
From: Alaska
I have a question for you, If there are any shortages, why don't we hear news reports about how hard it is to buy a tank (or a gallon) of gas somewhere, or anywhere?
I think, for the most part, the supply and demand are engineered by big oil and the public is buying it because they can't do anything about it,
The news tonight said the oil companies will get the wells and refineries up and running as soon as possible, Yaaa, right.
I think, for the most part, the supply and demand are engineered by big oil and the public is buying it because they can't do anything about it,
The news tonight said the oil companies will get the wells and refineries up and running as soon as possible, Yaaa, right.
Postmaster
Joined: Jun 2004
Posts: 2,665
Likes: 0
From: B/CS, Texas!!
Originally Posted by MustangGT221
I'm gonna dig a tunnel to the gas station's tank under-ground and tap in a line to my house
I'll put a pump in and sell ya some cheap
I'll put a pump in and sell ya some cheap
I tell people im gonna do that all the time.
With both our minds combined, justin, imagine the possibilties 
.I still got half a tank, and before I fill up agian, I will squeeze every drop I can out of that
Postmaster
Joined: Feb 2003
Posts: 4,043
Likes: 4
Originally Posted by Howdy
[snip]
Congress is thinking about passing legislation that would give the oil companies tax breaks that would monetarily equal $3/gal, if the oil companies lowered prices, voluntarily, to below $1.50/gal by the middle of September.
Bush wants to veto. He's a family man and oil is the family business. Just so happens, he's also president of the country that's the largest oil consumer in the world. He's on a first name basis with the folks that set oil prices and it won't be long before he'll be out looking for a job. Presidential term can last eight years, family is for life.
Again, not sure where I heard that...
Congress is thinking about passing legislation that would give the oil companies tax breaks that would monetarily equal $3/gal, if the oil companies lowered prices, voluntarily, to below $1.50/gal by the middle of September.
Bush wants to veto. He's a family man and oil is the family business. Just so happens, he's also president of the country that's the largest oil consumer in the world. He's on a first name basis with the folks that set oil prices and it won't be long before he'll be out looking for a job. Presidential term can last eight years, family is for life.
Again, not sure where I heard that...
Ummmmmmmm. (raises hand) Excuse me. Question. How do you give a $3.00 a gallon tax break when the price per gallon is less than that. Or more precisely the gasoline tax is less than $1.00 a gallon? If the gasoline tax is $1.00 a gallon and you gave the oil company a $3.00 a gallon tax break, that is a SUBSIDY (corporate welfare) of $2.00 a gallon. AND you let the price/gallon = $1.50, the oil companies would be making $3.50 a gallon tax free paid for by you and me. What 'oil man' wouldn't like that deal?
I say hooray for Pres Bush vetoing a plan like that.
Post Fiend
Joined: Apr 2004
Posts: 19,098
Likes: 8
From: Great State of Texas
Diesel went up $ 0.15 to $ 2.61 overnight here @ my Walmart.
More to come to be sure.
Power is not expected to be completely restored for weeks. No power, no refining, no pumping at the stations,....no employees available....etc. Don't know where the folks are gonna live when they are able to get to their homes.
It won't take to long to fine out that building materials will go up as well. Even with only a few inches of water all the 1st floor dry wall in any given home will have to be replaced. Dry wall, lumber, kitchen cabinets, etc...will be diverted to the stricken area as soon as reconstruction starts.
If the framing studs are not replaced mold will be a years (if not decades) long concern for any flooded home. Especially in a humid environment such as N.O.
A side benefit could be that Greenspan and the Feds will back off interest rate increases at their Sept. meeting. At least for the short term.
More to come to be sure.
Power is not expected to be completely restored for weeks. No power, no refining, no pumping at the stations,....no employees available....etc. Don't know where the folks are gonna live when they are able to get to their homes.
It won't take to long to fine out that building materials will go up as well. Even with only a few inches of water all the 1st floor dry wall in any given home will have to be replaced. Dry wall, lumber, kitchen cabinets, etc...will be diverted to the stricken area as soon as reconstruction starts.
If the framing studs are not replaced mold will be a years (if not decades) long concern for any flooded home. Especially in a humid environment such as N.O.
A side benefit could be that Greenspan and the Feds will back off interest rate increases at their Sept. meeting. At least for the short term.
Postmaster
Joined: Aug 2004
Posts: 4,004
Likes: 1
From: North of Boston MA
Originally Posted by Greywolf
And?
So its delayed. So the oil companies either do or do not send out paychecks.
Ya know - construction workers don't make a dime when it rains.
I have checked every single one of my poor little pockets, and I cannot find any crocodiles tears in any of them...
So its delayed. So the oil companies either do or do not send out paychecks.
Ya know - construction workers don't make a dime when it rains.
I have checked every single one of my poor little pockets, and I cannot find any crocodiles tears in any of them...
What kind of sorry construction workers do you have there that don't make a dime when it rains? Have they not heard of rain gear?
Postmaster
Joined: Aug 2004
Posts: 4,004
Likes: 1
From: North of Boston MA
Originally Posted by Howdy
He's on a first name basis with the folks that set oil prices and it won't be long before he'll be out looking for a job.
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